Press Release

VADAR® Systems Celebrates 20th Anniversary

Software Company Celebrates Its 20-Year Milestone of Superior Service.

Acton, MA, July 07, 2016 --(PR.com)-- VADAR® Systems is proud to announce its 20th year as the leading developer of municipal finance and portfolio management systems. While many software companies come and go, VADAR® has achieved two decades of innovation and growth. The company will commemorate the occasion with a 20th Anniversary Celebration in Marlborough, MA on October 19th, 2016.

VADAR® began operations in 1996 when partners Roland Russell, Frank Natale, Rob Natale, and Ted Cormier released the VADAR® Systems software suite. In a time when most software relied on disk operating system (DOS), VADAR® was the first to offer municipal finance solutions using Microsoft Windows. Continually innovating software while delivering outstanding customer service, VADAR® Systems burgeoned to become a 25 application software suite serving over 100 clients. Today VADAR® remains the only locally owned and operated software firm that offers accounting and tax software in Massachusetts.

Soon after its founding, VADAR® diversified its offerings to serve the private marketplace in addition to the public sector. VADAR® created LienApp® tax lien software to provide private tax lien investors efficient portfolio management. As the exclusive vendor for Key Bank, the LienApp® software by VADAR® serviced and supported Key Bank's $500 million revolving portfolio. LienApp® is widely available today as a commercial-grade platform that provides tax lien investors best-in-class analysis, automation, and data protection.

Most recently VADAR® has integrated all solutions in the Cloud, providing cities and towns in multiple locations enterprise-grade backup, encryption, and recovery for their accounting, finance, and utilities. In addition, the Advanced Collector Revenue Turnover (CRT) removes duplicate steps and wasteful data entry by turning over all transactions to Finance. Last but not least, all-new updates to LienApp® offer industry-leading capabilities such as 1-click analysis, interactive graphs, and on-demand redemption curves.

"We at VADAR® Systems are thankful to our many customers for making this anniversary possible," said Frank Natale, Chairman and CEO. "Their requirements and their feedback have driven our innovation and our unwavering goal to empower their continued success." For more information, visit online at http://www.vadarsystems.com or call us at 877.823.2700.